ElevenLabs has raised $500 million in its Series D funding round, significantly boosting its valuation from $6.6 billion to $11 billion, while surpassing $500 million in annual recurring revenue. The company further solidified its market position by signing enterprise contracts with Deutsche Telekom, Revolut, and Klarna, receiving praise from Deutsche Telekom's Karine Peters as a foundational player in advancing Industrial AI. With rapid growth and strategic acquisitions, including a voice AI team from Papla, ElevenLabs is poised to play a pivotal role in AI development.
“ElevenLabs · raised · $500 million · Series D fundraise”
“ElevenLabs · surpassed · $500 million · ARR (Annual Recurring Revenue)”
“ElevenLabs · grew · its valuation · from $6.6 billion to $11 billion”
“Karine Peters · described · ElevenLabs · a foundational enabler of Deutsche Telekom’s broader Industrial AI vision”
“ElevenLabs · signed · enterprise contracts · with Deutsche Telekom, Revolut, and Klarna”
“ElevenLabs · closed · a $100 million tender · a second in roughly six months”
“ElevenLabs · acquired · the team from Polish voice AI startup · Papla”
“Intel · stock movement · dropped · 3.85%”
“Intel · monthly surge · percentage · 90.12%”
“Intel · GAAP net loss · amount · $3.73 billion”
“Intel · restructuring charge · amount · $4.07 billion”
“Intel Foundry · operating loss · amount · $2.51 billion”
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